the export of watches from Switzerland grew by 8.5% on a year-on-year basis, to $ 2.1 billion (1.9 billion Swiss francs), Rapaport reported citing data from the Federation of the Swiss Watch Industry ).
The increase in the total export of watches in value terms was affected by the increase in the export of watches made of steel, platinum and gold for the reporting month, as well as an additional working day in September.
The export of watches grew by 8.3% in September to $ 1.982 billion (1.79 billion Swiss francs), while by the number of products, exports fell by 4.3% to 2.54 million units.
The Federation explained that in the largest export markets for Swiss watches - in Hong Kong USA - there were signs of a recovery in sales.
In particular, exports of Swiss watch products to Hong Kong rose by 10% in September to $ 406.2 million (366.9 million Swiss francs), while exports to the US jumped 17% to $ 229.5 million (207.3 million Swiss francs). Swiss watch exports to China fell by 3% to $ 139.8 million.